How Long & Foster Became Among the Largest Real Estate Companies in U.S.

Long & Foster Real Estate is well known throughout the Richmond area and beyond as the leader in the industry.  The award-winning real estate company has now received accolades for its business success in a recent article published by the Richmond Times-Dispatch.

The article features Long & Foster and its tremendous growth to become one of the nation’s largest real estate companies. A powerhouse in the industry, Long & Foster has thousands of sales associates from North Carolina to New Jersey with more than 700 in the Richmond area.

Dawn Bradley, senior vice president and regional manager for the Richmond region discusses a few of the reasons for the company’s success in the article.  “It goes right back to trust, family and excellence,” she says. “Truly, that is the foundation of our business and how we operate. As competitive as this business can be and is, Long & Foster agents support each other. The culture we’ve created is real.”

To read the full article, click here.

For more information about Long & Foster, visit www.longandfoster.com.

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Prosperity Home Mortgage Now Operating in South Dakota

Prosperity Home Mortgage, LLC (Prosperity) is pleased to announce it is now open for business in South Dakota. Prosperity is joining forces with Hegg Realtors, Inc. as its affiliate lender.

Hegg Realtors is a full-service real estate company serving the Sioux Empire area as well as the Black Hills. Hegg Realtors has been a market leader in residential real estate since opening its doors in 1945.

“We are thrilled to partner with one of the best mortgage companies in the country,” shared Gregg Gohl, CEO of Hegg Realtors.  “Prosperity’s successful track record speaks for itself in their specialized focus on purchase business in real estate offices in nearly every state in the U.S.  We are confident in Prosperity’s ability to deliver the highest service levels, competitive loan products and cutting-edge technology to both our real estate agents and our clients.”

Mortgage Consultant Kelli Bullert has been hired to head the South Dakota operation for Prosperity.  “Kelli has a strong reputation for providing the highest level of service to her clients,” said Joe Brown, Prosperity’s Area Manager.  “This is an incredible opportunity for exceptional growth, and we believe Kelli is perfectly positioned to lead our vision for the South Dakota market.”

Prosperity takes great pride in making strong connections with partners and clients – a detail which stood out to Bullert. “My passion is to provide best-in-class service to real estate agents and their clients,” said Bullert.  “Once I understood that my primary focus aligned with Prosperity’s vision of taking care of the agent and their client’s purchase business – that was the deciding factor in joining forces with Prosperity Home Mortgage.”  

Focused on growing its business throughout the country in 2022, Prosperity’s addition of Bullert and the South Dakota market aligns with the company’s long-term growth strategy.

Prosperity has been voted as one of the 50 Best Companies to Work For and has also been ranked among the Top 100 Mortgage Companies in America 2021 by Mortgage Executive Magazine, a publication that spotlights the country’s leading mortgage lenders and loan originators.  Prosperity has earned a position among the magazine’s Top 100 Mortgage Companies in America each year since 2014.

Prosperity’s mortgage professionals have the advantages of a large company with excellent resources and state-of-the-art technology, while also maintaining a family approach to business that ensures its clients’ continued real estate success.

While Prosperity is new to the Sioux Empire area, the company has closed over $15.5 billion in loan volume and over 45,000 loans across the nation in 2021. Prosperity is represented by over 500 mortgage consultants throughout 48 states and Washington, D.C.  In addition, 97% of Prosperity’s clients say they had a great experience working with Prosperity, and the company boasts an average client rating of 4.88 out of 5 stars.

For more information about Prosperity Home Mortgage, click here.

Introducing HomeServices Property Management

Long & Foster Real Estate’s Property Management Division rebranded, as company works to introduce an all-new approach to property management

Long & Foster Real Estate’s Property Management Division has a new name and a new way of doing business. Effective this year, Long & Foster Property Management is now operating as HomeServices Property Management (HSPM)—a new name that reflects the company’s bold new vision for the next generation of property management.

“Property management needs to do more than just cut the grass, take maintenance calls and collect the rent from tenants. That’s why we’re launching not only our new HSPM brand, but also our new approach to the business,” said Patrick Bain, president of HSPM. “It’s been a journey, and we’re excited to reintroduce HSPM to all our current clients, as well as prospective real estate investors and owners.”

Over the past several years, the team at Long & Foster’s Property Management Division built the foundation of its new business. They leveraged leading technology platforms to modernize operations. They structured their teams to best support their real estate agent partners, as well as property owners and tenants. They also created strategic vendor relationships to protect owners’ properties and provide tenants with quality places to live.

The same professionals from Long & Foster Property Management continue to work at HSPM, and Bain remains at the helm of the company. In the year ahead, HSPM will introduce new services offerings, as well as expanded training and education for real estate investors and Realtors alike.

“We’re shifting our focus to help serious (and aspiring) property owners build long-term wealth, increasing both their profits and peace of mind in an evolving economic landscape,” said Bain. “We’ll do this while continuing to take great care of properties and the people who live in them.”

HSPM is part of HomeServices of America, a Berkshire Hathaway affiliate and global real estate network. Through HomeServices, HSPM is connected to more than 50,000 real estate professionals and nearly 1,500 offices across 12 countries, helping ensure its managed properties attract prospective tenants, locally and nationally, with marketing presence on the top rental websites and with the top Realtors.

To learn more, visit HomeServicesPM.com.  

Long & Foster Named Best Real Estate Firm in Northern and Central Virginia by Readers of Virginia Living Magazine

Long & Foster Real Estate’s Northern Virginia and Central Virginia regions have been named the Best Real Estate Firm by the readers of Virginia Living magazine in its annual ‘Best Of’ awards.

Readers of Virginia Living made their selections from a drop-down menu of local businesses in 20 categories, with a write-in option. Winners in each category were chosen by a tabulation of votes.

The winners of this year’s the Best of Virginia awards were announced in a standalone magazine, which was mailed to subscribers with the May/June issue of Virginia Living magazine. The two magazines are sold separately in the bookstores and newsstands. The digital version will be available on the Virginia Living magazine website in the fall.

“It’s because of the dedication of our family of Long & Foster agents that we were able to earn this honor, and we’re proud of each and every one of them for their hard work and service,” said Larry “Boomer” Foster, president of Long & Foster Real Estate. “For more than 50 years, Long & Foster’s reputation of honesty, integrity and best-in-class customer service has made us a leader in the real estate industry.”

To learn more about Long & Foster Real Estate, visit LongandFoster.com.

Historic Robert Morris Inn for Sale in Oxford, Maryland

Rare opportunity to own a turnkey business on the popular Eastern Shore

Built in 1710, nearly eighty years before George Washington became president, this magnificent, waterfront property, has operated as a full-service inn since 1800. The calm and splendor of the Robert Morris Inn and the Eastern Shore provides a lovely year-round escape and culinary delights for its many visitors from Washington, D.C., Baltimore, Philadelphia, New York and beyond.

Located at 314 N. Morris Street, in Oxford, the Robert Morris Inn is listed for $3.595 million. It is presented by Gary Marquardt in the Easton/St. Michaels Road office of Long & Foster Real Estate, an exclusive member of Forbes Global Properties.

“This is a fabulous opportunity to own a slice of history and a profitable business at the same time,” said Marquardt. “Full of Eastern Shore charm, with close proximity to major cities, the property is ideal as an established business that can be expanded along the waterfront.”

With fourteen guestrooms in the main inn and two delightful waterfront guestrooms, in adjacent Bottle Cottage, this over 12,000 square-foot property, once known as River View House, overlooks the Tred Avon River and is the oldest full-service inn in America. The village of Oxford was once Maryland’s largest port and is still an important center for boat building, yachting and is a protected harbor for harvesting oysters, crabs, clams and fish.

Oxford, once named Williamstadt under the reign of Dutch King William III of England, drew merchants from London, Liverpool and Bristol, who established stores there to trade merchandise. Oxford was recognized as port to the largest number of ships, transporting cargo such as tobacco, hides, salt port, wheat and lumber.

One of these prominent merchants, Robert Morris, arrived in Oxford in 1738. Morris acquired a fortune as chief factor for Foster Cunliffe & Sons, a large Liverpool, England trading house.  His son became one of our country’s founding fathers and the financier of the American Revolution. A part of Morris’ residence is incorporated in the Robert Morris Inn. 

Entering the inn from the main street is like stepping back 300 years in time. A pristine, yet historic interior welcomes guests with timber beams, wood-paneled walls and open fireplaces. On the first floor, you’ll find the formal dining room, Tavern and the Tap Room, in all seating up to 170 customers. The impressive murals in the dining room are 140 years old, made from wallpaper samples used by manufacturer’s salesmen. The Tavern offers a more modern addition featuring historic red brick walls and old slate floors with magnificent fireplaces. In warm weather, guests can dine al fresco in the picturesque courtyard terrace or on the veranda with water views.

The inn has been enlarged several times since its first use as a private home. The staircase, leading to the guest rooms was built prior to 1710 and is enclosed – typical of the Elizabethan period. The upper hall flooring is Georgia white pine. The nails were handmade, and the 14-inch square beams and pilasters were fastened with hand-hewn oak pegs. Four of the guest rooms have hand-made wall paneling and fireplaces built of brick made in England and used as ballast to stabilize empty sailing ships arriving to trade.

The Robert Morris Inn presents a unique opportunity for a buyer in search of a turn-key business in a popular and affluent area. An architect’s rendering conveys with the property – expanding the inn along the popular Strand waterfront, which would add more than 18 guest rooms and retail space.   

The inn is being sold fully furnished and doubles as an event and wedding venue. Also included with the sale is the guest list and management system.

Learn more about the Robert Morris Inn by clicking here, or by contacting Marquardt at 410-820-7707. For more information about Long & Foster, visit LongandFoster.com.

Ralph DiGuiseppe III to Lead Long & Foster’s Pennsylvania, New Jersey and Delaware Regions

DiGuiseppe III brings 20+ years of local market experience to the management position

Long & Foster Real Estate, the nation’s No. 1 real estate brokerage*, has named Ralph DiGuiseppe III as its Senior Vice President and Regional Manager for the Pennsylvania, New Jersey and Delaware markets. A Realtor for over 20 years, DiGuiseppe brings extensive experience in real estate sales and management, as well as new home construction.

“I’m honored to lead the exceptional agents and real estate professionals at Long & Foster,” said DiGuiseppe. “I look forward to getting to know the team personally and professionally, so I can help them to meet their goals and even better support area buyers, sellers, renters and investors.”

DiGuiseppe grew up around the real estate business, with his father who is a general contractor and custom home builder. After a brief stint on the Philadelphia Stock Exchange, DiGuiseppe, who has a finance degree, decided to switch gears and obtained his real estate license. He then joined Alliance, a former franchise broker that was acquired by Long & Foster in 2014.

DiGuiseppe built a successful sales business before transitioning into management roles. Most recently, he led the Media and Springfield offices for Long & Foster Real Estate. There, he helped dozens of agents to grow their careers by leveraging all the tools offered by Long & Foster, as well as the support of its leadership team.

“Ralph lives Long & Foster’s culture of trust, family and excellence, and he believes that by putting people first and helping them achieve their goals, we can all succeed,” said Larry “Boomer” Foster, president of Long & Foster Real Estate. “That dedication and focus is what built our company into what it is today and what we look for in leaders at our organization. I’m thrilled to welcome Ralph to our leadership team and look forward to collaborating with him in the years ahead.”

DiGuiseppe maintains his broker’s license in Pennsylvania, Delaware, New Jersey and Maryland. In his free time, DiGuiseppe enjoys spending time with his daughter and family, golfing and fishing, as well as visiting his family’s home on the Jersey shore. A graduate of Saint Joseph’s University in Philadelphia, DiGuiseppe is a lifelong resident of Bristol Borough in Bucks County, Pennsylvania.

Mike Miller Joins Prosperity Home Mortgage as Indiana Regional Manager

Prosperity Home Mortgage, LLC (Prosperity) is pleased to welcome Mike Miller as its regional mortgage manager for the Indiana area. In this role, Miller will oversee a team of mortgage consultants as Prosperity continues to expand in the Hoosier State.

Miller has over 25 years of mortgage experience and a thorough knowledge of mortgage financing. He prides himself on always being available to answer questions about the mortgage process from beginning to end. Miller is a firm believer that knowledge is power, and his personal goal is to help educate both clients and business partners about the home financing process, so each can move forward with an informed, efficient mortgage transaction.

“Prosperity is excited to have Mike Miller join our team,” said Kevin Terrill, area sales manager for Prosperity. “Mike brings a wealth of knowledge and experience in the Indiana market to Prosperity We look forward to Mike leading the new Indiana team and believe he will accomplish great things.”

While Prosperity continues to grow in Indiana, the company has been ranked as a Top Mortgage Lender by Scotsman Guide each year since 2014, closing over $15.5 billion in loan volume and over 45,000 loans in 2021. Prosperity is represented by more than 500 mortgage consultants throughout 48 states and Washington, D.C.  In addition, Prosperity has earned a 97% client approval rating and the company boasts an average client rating of 4.88 out of 5 stars, plus a 4.97 out of a 5-star rating on Zillow.

When asked why he was excited to join Prosperity, Miller shared, “With Prosperity, I have found a lender that not only matches my dedication to every loan and borrower, but they also offer the combination of a great depth of products, along with rates not found in the industry.”

Prosperity is thrilled to have Mike on the team and looks forward to making homeownership a reality for the clients of Berkshire Hathaway HomeServices Indiana Realty.

For more information about Prosperity Home Mortgage, click here.

Roslyn Cousins Named Manager of Long & Foster Real Estate’s Strawberry Street Office

Long & Foster Real Estate is pleased to announce that Roslyn (Roz) Cousins has been named manager of its Strawberry Street office, located in Richmond, Virginia.

“Roz is a highly knowledgeable, experienced leader,” said Dawn Bradley, senior vice president and Long & Foster’s Richmond regional manager. “I’m confident that her leadership and support of the agents in the Strawberry Street office will ensure their ongoing success of helping local buyers and sellers meet their homeownership goals.”

A licensed real estate agent since 2006, Cousins most recently was an award-winning agent in Long & Foster’s Village of Midlothian office. There, she created a thriving business while providing her clients with the ultimate sales experience. A multi-million-dollar producer, she participated on Long & Foster’s Silver Team as a Director and is a member of the prestigious Gold Team.

Cousins will provide the Strawberry Street agents with education, mentoring, professional development, and commitment. Prior to entering real estate, Cousins was with C&P Telephone and AT&T for over 25 years and also was a mortgage consultant with both Carteret Mortgage and Prosperity Mortgage.

Long & Foster Real Estate is the nation’s No. 1 real estate company by sides as part of HomeServices of America. For more information, visit LongandFoster.com.

Eastern Shore Estate with Pool, Barns and Ponds Now Available for $3.5M

Spectacular 300-acre property offers indoor/outdoor living at its finest

Just imagine living in a luxury home on your own 300-acre estate on Maryland’s Eastern Shore. Located at 6925 Eastside Road, in Parsonsburg, this over 5000-square-foot home offers a tranquil private retreat just 20 miles from Ocean City, Maryland and a couple of hours drive from Baltimore and Washington, D.C.

Built in 2005, the farmhouse-style custom home was meticulously updated and expanded in 2017 with the finest features that impress at every turn. It has five bedrooms, six full bathrooms and one-half bathroom on four parcels of land. The estate is listed by Brandon Brittingham, of The Maryland and Delaware Group of Long & Foster Real Estate in the Williamsport Circle Salisbury office and is offered for $3.5M.

“The vast outdoor spaces provide an ideal setting for grand entertaining – from the large terrace on the back of the home to the pool overlooking one of the property’s six ponds,” said Brittingham. “With two barns, this property is ideal for the equestrian enthusiast to ride horses and take in the beauty of this gorgeous Eastern shore estate.”

You’ll feel like you’ve truly “arrived” as you travel down the long tree-lined driveway leading to the gated entrance. The house, barns, and outbuildings are on one parcel of land expanding more than 160 acres. Previously known as Hilltop Farm, the property is said to be 90 feet above sea level and was once a cattle farm.

The home’s circular driveway leads to a covered front porch, where you can enjoy a cool drink overlooking the park-like setting. Greet your guests in style in the foyer with gleaming hardwood floors. An entertainer’s dream, with an open floor plan, the home is well designed for everyday living or grand-scale entertaining. Gorgeous, upgraded finishes and architecturally interesting details such as high ceilings, generous molding and board-and-batten accents are found throughout the house.

It will be easy to cook for a crowd in the well-equipped and spacious kitchen with two large islands and three ovens. The kitchen’s sitting area is the ideal place to relax with guests before dinner. An informal dining room connects with the kitchen. In warm weather, open French doors from both of these rooms to extend your party to the covered back porch and terrace overlooking the inground saltwater pool and stocked pond.

The family room with its stone floor-to-ceiling fireplace is the perfect place to watch the game or a movie with family and friends. The dining room, which adjoins the family room, is flooded with natural sunlight from its many windows.

For quiet time or to work remotely, there is an office with a built-in desk and cabinetry. Your guests will enjoy the privacy of two first-floor guest bedrooms.

Upstairs, the luxurious master suite has three walk-in closets and views of the pool and pond. On this floor, there are two additional comfortable bedrooms with en-suite bathrooms. A landing leads to the rooftop deck with panoramic views. 

The third level features a large light-filled flex room with a full bathroom that is currently used as a bedroom and playroom, but could be used as an office, art or yoga studio. 

The spectacular outdoor area includes living and entertainment space – covered porches, decks, patios, and a unique stone structure that has been used for gatherings and events.

With no neighbors in sight, 3,000 feet of the property borders a state forest. Wildlife gathers around the six ponds including deer, ducks, geese, turkeys, eagles, blue herons, and otters.

The detached two-car garage is fully insulated and drywalled. With water, HVAC and electric rough-ins in place, the upper level could be converted into a studio or apartment. There are also two barns on the property.

Learn more about 6925 Eastside Road by clicking here. For more information about Long & Foster, visit www.LongandFoster.com.

Long & Foster’s Commercial Division Lists Springfield Tower

Long & Foster Real Estate’s Commercial Division is pleased to announce the listing of a property located at 6320 Augusta Drive in Springfield, Virginia. The 37,142 square foot office building just went through a multi-million-dollar renovation and is being leased at $20-24/per square foot. Jennifer Burke of Long & Foster’s Commercial Division represents the seller for the leasing transaction.

Easily accessible, the building is conveniently located at the intersection of interstates 95, 395 and 495.  It is also across the street from the popular Springfield Town Center, which offers many dining and shopping options.

“The property has been an iconic high rise building to the Springfield market for decades and we are looking forward to revitalizing and giving the property new life,” said Burke. “Our focus to achieve this is offering well maintained and affordable options for businesses of any size. The building was fully vacant at the time of the listing, and we have since welcomed some new tenants who like the building for its 360-degree views and convenient location. The spaces make for an inspiring workplace, and we look forward to being a hub for innovation and community.” 

Long & Foster’s Commercial Division is based in Tysons, Virginia and has a focus on sales and leasing in the Washington, D.C. metropolitan area and throughout the Mid-Atlantic. 

For more information, visit longandfostercommercialrealestate or contact Burke at jennifer.burke@longandfoster.com.

Long & Foster Real Estate is the nation’s No. 1 real estate company as part of HomeServices of America.